A Nevada-based startup that plans on selling medical and recreational marijuana products named former New Mexico governor and U.S. Libertarian presidential candidate Gary Johnson as its CEO and president, the company announced Tuesday.

A record number of U.S. homes were lost to foreclosure in the first three months of this year, a sign banks are starting to wade through the backlog of troubled home loans at a faster pace, according to a new report.

Andrew McCain stepped down from the boards of Silver State Bancorp and Silver State Bank of southern Nevada for "personal reasons," the Las Vegas Review-Journal reported. Silver State would not comment further.